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$370,000

NAL Estimated Property Value

1606 Ranch Road, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.59 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCarpet

Exterior

Lot Size18,730 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28103800010010000
Lot Number1
SubdivisionJessie M
Land UseResidential
Legal DescriptionJESSIE M BLK 1 LT 1 ACS 0.430 LAND ONLY INT202100044834 DD02052021 CO-DC 1038000100100 4CP10380001
Census Tract016416
Assessed Land Value$50,000
Assessed Improvement Value$286,380
Assessment Year2025

About this property

Looking for Country living, you found it. This home has a country feel and a nice size lot that is hard to find. Located in Grand Prairie in one of the last rural areas of the city. Recently built, this home has three bedrooms and an additional room made for the work from home professional. Use the extra room as a craft room, exercise room or home office. The facade is a mixture of stone and brick giving it a modern look while remaining craftsman or farmhouse style. The granite counter tops and sleek cabinets provide a clean look in this ope concept home. The wood burning fireplace anchors this home. One of few homes in the area that have a formal living room. Construction was completed 2020

Investor Tools

Property Icon
$370,000
Estimated Property Value
$214,548Estimated Mortgage Balance
$155,452Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,514
$336,380
2025
$50,000
$286,380
$336,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,514
$336,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$238,603
Yes
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,548
$155,452
42%
58%
$1,431/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,431/mo
+$689/mo
6.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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1606 Ranch Road | Property Details | No Agent List